Analysis
2021, March, 30, 12:25:00
NUCLEAR FOR CLIMATE
"The analyses did not reveal any science-based evidence that nuclear energy does more harm to human health or to the environment than other electricity production technologies already included in the Taxonomy as activities supporting climate change mitigation,"
2021, March, 30, 12:10:00
GLOBAL WIND POWER +114 GW
114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY)
2021, March, 29, 13:35:00
OIL PRICE: ABOVE $64 YET
Brent was down 29 cents, or 0.5%, at $64.28 a barrel. WTI fell 55 cents, or 1%, to $60.42 a barrel.
2021, March, 29, 13:05:00
INDIA'S ENERGY CHANGES
The institutional framework in India attracts investments for its growing energy needs - private sector investments are allowed in coal mining, open up oil and gas retail markets.
2021, March, 29, 13:00:00
U.S. LNG EXPORTS UP
Between 2015 and 2020, U.S. gas production grew roughly twice as fast (4.3% per year on average) as consumption (2.3% per year), according to data from the U.S. Energy Information Administration.
2021, March, 29, 12:45:00
OFFSHORE WIND ENERGY REASONS
Offshore wind farms can take advantage of major wind streams out in the ocean without taking up valuable real estate inland.
2021, March, 29, 12:40:00
U.S. RIGS UP 6 TO 417
U.S. Rig Count is up 6 from last week at 417, Canada Rig Count is down 11 from last week to 81
2021, March, 26, 12:30:00
OIL PRICE: ABOVE $63 ANEW
Brent was higher by 54 cents, or 0.9%, at $62.49 a barrel. WTI was up 65 cents, or 1.1%, at $59.21 a barrel.
2021, March, 26, 12:25:00
GLOBAL INDEXES UP
The Dow Jones Industrial Average rose 0.62% and the S&P 500 gained 0.52% while the Nasdaq Composite added just 0.12%.
2021, March, 26, 11:55:00
U.S. GDP UP 4.3%
Real gross domestic product (GDP) increased at an annual rate of 4.3 percent in the fourth quarter of 2020
2021, March, 25, 12:25:00
OIL PRICE: ABOVE $63
Brent slid 77 cents, or 1.2%, to $63.64 a barrel. WTI dropped by 87 cents, or 1.4%, to $60.31 a barrel.
2021, March, 25, 12:10:00
CHINA INDEXES UPDOWN ANEW
The Shanghai Composite index finished down 0.1% at 3,363.59 points. The blue-chip CSI300 index edged just 0.05% lower
2021, March, 25, 12:05:00
U.S. OIL INVENTORIES UP 1.9 MB TO 502.7 MB
U.S. commercial crude oil inventories increased by 1.9 million barrels to 502.7 million barrels.
2021, March, 24, 10:40:00
OIL PRICE: NEAR $61
Brent rose 8 cents, or 0.1%, to $60.87 a barrel. WTI rose 8 cents, or 0.1%, to $60.87 a barrel.
2021, March, 24, 10:20:00
ASIAN INDEXES DOWN
Japan’s Nikkei stumbled 2% while South Korea’s KOSPI slipped 0.4%. Chinese shares were in the red for a second day with the blue-chip CSI300 index down 1.65%. Hong Kong’s Hang Seng skidded 2.2%.